On December 14, 2007 Bill C-12, An Act to amend the Bankruptcy and Insolvency Act... (and other Acts) received Royal Assent.
As of today the new rules have not come into force, meaning the old rules still apply.
We do not yet know when the new rules will come into force. Please bookmark this page; we will update it as new information becomes available.
The team at Hoyes, Michalos & Associates Inc. is reviewing the new rules, and will post information as it becomes available.
For more details, please refer to our articles on the new bankruptcy rules, below.
Please note that these articles are our comments on legislation that has not yet come into force. Until these rules come into effect, changes are possible. As we continue to study the legislation, our interpretations and opinions may change, so please contact our Ontario bankruptcy offices for further information on bankruptcy reform in Canada.
Additional information can be found at the external links listed below.
Our bankruptcy offices in Ontario
Contact a bankruptcy trustee
About bankruptcy trustees at Hoyes Michalos